Data and Technology Analyst, International Financial Stability - IF

Position Description

Minimum Education

Bachelor's degree or equivalent experience

Minimum Experience

1

Summary

Supports a variety of technology functions that require foundational knowledge of multiple IT disciplines. Participates in analyzing, designing, developing, and implementing technology solutions and/or strategies to meet the needs of an organization/group. Supports more senior staff to bridge gaps between business and technology, leveraging broad technological knowledge and skills. Participates in conducting audits of systems to ensure the system continues to function properly and optimally, identify areas for improvement, and verify compliance of the system. Supports performing routine and non-routine maintenance on systems to ensure optimal functioning and avoid system failure. Conducts research to advise systems design, data definition, data access, or configuration changes.

Duties and Responsibilities

• Participates in consulting with users, diagnosing and resolving problems found in application implementations, suggesting appropriate software solutions and computing platform(s) to meet the generally defined requirements of users, and assisting in other ways on technical and programming issues related to information processing. Participates in explaining IT processes and concepts to technical and non-technical audiences and describing technical information at a high-level to communicate how technology processes and concepts directly impact and influence stakeholders.
• Supports the implementation of software systems and applications using security best practices and change control to meet business requirements. Participates in conducting audits of systems to ensure the system continues to function properly and optimally, identify areas for improvement, and verify compliance of the system.
• Participates in operating system controls to coordinate computer network access and use. Works to stay up to date on IT security trends and disaster recovery processes to apply this knowledge to recommend security enhancements. Participates in monitoring the computing environment for security breaches.
• Supports the process of installing and maintaining distributed processing systems. Participates in the development of system access profile and IT frameworks based on user requirements.
• Participates in thinking through the various aspects that go into designing a system including, but not limited to, business needs, cost considerations, and functionality. Participates in performing routine and non-routine maintenance on systems to ensure optimal functioning and avoid system failure.
• Supports the administration of shared databases and/or maintenance of the security and integrity of data systems; conducts research to advise systems design, data definition, data access, or configuration changes.
• Participates in collecting and analyzing data to identify trends in data, produce data visualizations, and examine data to help provide context for pertinent issues. With the assistance of more senior staff, compiles data findings into visually appealing, easy to follow reports to summarize outcomes.
• Supports division customers with a variety of technology needs that may include: developing new tools for users, maintaining existing web applications in the division, creating web pages, and/or debugging new application breaks. Participates in researching technologies that might enhance user experience.
• Maintains knowledge of evolving trends in technology to assist in developing innovative approaches that deliver value; develops understanding of business requirements and processes in order to assist in identifying technologies that meet the requirements.
• Supports developing and/or implementing short- and long-term strategies to meet the automation, computing, database, and information management requirements of the division and the Board. Collaborates with team members and shares information/knowledge to ensure the best strategies are implemented. Supports the design, implementation, support, and maintenance of automation, computing, and database systems essential to meeting those strategies.

Position Requirements

Description

The International Financial Stability (IFS) section of the Division of International Finance (IF) is looking for a data and technology analyst to manage and help analyze financial and macroeconomic data. The successful candidate w will work with a team of economists, financial analysts, and research assistants to provide coding and subject-matter expertise as it relates to collection, maintenance, and analysis of data using Python, R, and other relevant software/programming languages. The analyst will also support the onboarding and technical training of research assistants and provide support for the research and policy work of the economists in the section.

IFS monitors vulnerabilities and risks abroad with a focus on those which could meaningfully spill over to the U.S. financial system. As needed, IFS staff take the lead on coordinating the IF response to financial stress events abroad which have financial stability implications. To support this mission, IFS aggregates and maintains a variety of databases and models coded in several languages (mainly Python and R).

Essential Duties:

• Manage collection and maintenance of financial databases in coordination with analysts from other sections in IF.
• Liaise with data librarians to facilitate collection, as well as dissemination and management of vendor data.
• Write and maintain production-quality code.
• Liaise with economists and other staff to transform developmental code for financial models into production-quality model pipelines.
• Work with economists and other staff on projects involving analysis of big data.
• Enhance the section's website to facilitate sharing of work products with other Board users.
• Develop and conduct technical training for research assistants.
• Provide leadership and support for the adoption of best practices for data management in the section (up-to-date documentation, best-practice coding, version control, and automation).
• Develop own professional skills. Identify appropriate directions for own professional development, and initiate activities to bring about that development.
• Suggest new data and coding initiatives to supervisor.

Qualifications

A bachelor's degree in Computer Science, Data Science, Physics, Mathematics, Statistics, Engineering, Economics, or a related field and minimum 1 years of relevant experience is required; or a Master's degree in a relevant field.

Required qualifications:

• Proficiency in at least one of the following programming languages: Stata, R, Python.
• Experience in natural language processing (NLP)
• Experience in software development such as programming, version control, testing, and deployment.
• Experience working collaboratively on data-intensive projects and providing timely progress reports and meeting deadlines.
• Experience in developing strategies for improving automation, computing, and database environments.
• Demonstrated ability to acquire new skills and apply them to improve production processes.